
Eugene Profit
American football player and investor (born 1964)
Eugene A. Profit is an American investor, entrepreneur, philanthropist and former American football cornerback for the New England Patriots and Washington Redskins. He is the founder, president, CEO, and portfolio manager of Profit Investment Management, an investment management firm in the Washington, DC metropolitan area.2
From Wikipedia’s article on Eugene Profit (this version), CC BY-SA 4.0.
Born Nov 11, 1964.1
About
Profit's investment philosophy and approach to valuation-sensitive growth investing has made him the subject of profiles in the financial media, including Business Week, SmartMoney, Black Enterprise, Pension & Investments, and Investor's Business Daily. He has also been a guest on Wall Street Week, Money Line, CNBC, CNN, Bloomberg and other prominent financial news networks.
From Wikipedia’s article on Eugene Profit, shared under CC BY-SA 4.0.2
Companies
Early life and education
Early life
Eugene was born in Baton Rouge, Louisiana in 1964, November 11. He grew up with four siblings and his mother Shirley Profit in Los Angeles, California, and attended Serra High School. He received his B.A. from Yale University. During his time at Yale, he majored in economics; competed on the university's track team, setting the school record for the 60-yard dash and long jump (which he still holds) and played on the Yale football team, receiving All-American honors.
College football
During his first season of varsity football as a sophomore in 1983, he was involved in 40 tackles (25 solos) and recovered one fumble. He set Yale single season records for kick returns (20) and kick return yardage (328) for a 16.4 average. He also had three receptions for 55 yards (18.3 average) from wingback spot, rushed the ball four times for 19 yards (4.8 average) and threw one pass (incomplete). During his junior year, Eugene moved from wingback position to defensive back. He spent his entire senior year (1985) in the defensive backfield and started all 10 games for 4-4-1 club beating rival Harvard in The Game, 17-6. He had one interception, a 37-yard return, vs. Holy Cross and was selected honorable mention All-Ivy.
From Wikipedia’s article on Eugene Profit (this version), CC BY-SA 4.0.
Career
Occupation: president, athletics competitor.5
- Date not recordedFounded Profit Investment Management4
Profit founded Profit Investment Management in 1996. He began as the firm's President and Chief Executive Officer but later took on the role of Portfolio Manager in 1997.
Investment philosophy
Profit's investment philosophy is similar to traditional value strategies that look for fundamentally undervalued companies; however, he does not adhere to traditional price-to-earnings and price-to-book ratios. His strategy focuses on finding mispriced growth stocks that he believes can benefit from investor's revaluation of the relationship between the company's fundamentals and the stock's price.
From Wikipedia’s article on Eugene Profit (this version), CC BY-SA 4.0.
Personal life
Philanthropy
Profit is also active in philanthropy and contributes to programs that aim to help the community and improve financial literacy. Programs to which he contributes to include the NASDAQ "Stock Market in Schools" Program, Boys and Girls Club, Providence Health Foundation, and the Montgomery County Community Foundation.
From Wikipedia’s article on Eugene Profit (this version), CC BY-SA 4.0.
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataEugene Profit on Wikidata
- 2WikipediaEugene Profit on Wikipedia
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- 9Wikimedia CommonsEugene Profit photo by Profit Investment Management, CC BY-SA 3.0